Economic Sciences

Nobel Lecture

Lecture to the memory of Alfred Nobel, December 8, 1987 Growth Theory and After I have been told that everybody has dreams, but that some people habitually forget them even before they wake up. That seems to be what happens to me. So I do not know if I have ever dreamt about giving this…

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Banquet speech

Robert M. Solow’s speech at the Nobel Banquet, December 10, 1987 Your Majesties, Your Royal Highnesses, Ladies and Gentlemen: Seven weeks have gone by since it became known that I had won this Prize. During that time I have been asked how to solve the economic problems of the United States, Norway, Sweden, the Federal…

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Banquet speech

James M. Buchanan Jr.’s speech at the Nobel Banquet, December 10, 1986 Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, This is, indeed, a unique experience for me, so much so that I feel very much like the blind man in the nudist camp. I am feeling my way around. More seriously, I have the…

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Nobel Lecture

Lecture to the memory of Alfred Nobel, December 8, 1986 The Constitution of Economic Policy I. Introduction The science of public finance should always keep… political conditions clearly in mind. Instead of expecting guidance from a doctrine of taxation that is based on the political philosophy of by-gone ages, it should instead endeavor to unlock…

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Banquet speech

Franco Modigliani’s speech at the Nobel Banquet, December 10, 1985 I would like to express my thanks to the Nobel Foundation and the Swedish Academy of Sciences and the Riksbanken for their award. From the instant I lifted that phone at 7 a.m. on October 15 our life has been miraculously transformed and we have…

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